Woodberry Tuition Assistance

Page 1

Tuition Assistance AT A GLANCE FAMILIES RECEIVING TUITION ASSISTANCE 25%

20%

23%

15%

19%

16%

44%

10%

5% 0%

<$50k

$50-100k

$100-150k

$150-200k

$1,000

AVERAGE GRANT: $33,676

$200-250k

Woodberry

>$250k

adjusted gross income

RANGE OF GRANTS OFFERED

2017–2018 TUITION: $55,600

17%

15%

10%

$55,600

$5.79 million dollars awarded for 2017–18

WOODBERRY SUPPORTS EVERY STUDENT Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $23,000 for each boy.

TUITION ASSISTANCE

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989 WOODBERRY.ORG/TUITIONASSISTANCE

$55,600 $79,100 2017–18 tuition cost

total cost per student

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Affording Woodberry

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.


Tuition Assistance AT A GLANCE FAMILIES RECEIVING TUITION ASSISTANCE 25%

20%

23%

15%

19%

16%

44%

10%

5% 0%

<$50k

$50-100k

$100-150k

$150-200k

$1,000

AVERAGE GRANT: $33,676

$200-250k

Woodberry

>$250k

adjusted gross income

RANGE OF GRANTS OFFERED

2017–2018 TUITION: $55,600

17%

15%

10%

$55,600

$5.79 million dollars awarded for 2017–18

WOODBERRY SUPPORTS EVERY STUDENT Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $23,000 for each boy.

TUITION ASSISTANCE

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989 WOODBERRY.ORG/TUITIONASSISTANCE

$55,600 $79,100 2017–18 tuition cost

total cost per student

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Affording Woodberry

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.


Tuition Assistance AT A GLANCE FAMILIES RECEIVING TUITION ASSISTANCE 25%

20%

23%

15%

19%

16%

44%

10%

5% 0%

<$50k

$50-100k

$100-150k

$150-200k

$1,000

AVERAGE GRANT: $33,676

$200-250k

Woodberry

>$250k

adjusted gross income

RANGE OF GRANTS OFFERED

2017–2018 TUITION: $55,600

17%

15%

10%

$55,600

$5.79 million dollars awarded for 2017–18

WOODBERRY SUPPORTS EVERY STUDENT Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $23,000 for each boy.

TUITION ASSISTANCE

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989 WOODBERRY.ORG/TUITIONASSISTANCE

$55,600 $79,100 2017–18 tuition cost

total cost per student

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Affording Woodberry

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.


How to Apply

1 2 3 4

Request application materials from Woodberry’s tuition assistance office.

Submit a Parents’ Financial Statement online at sssbynais.org by January 31.

Submit IRS Form 1040 and all supporting schedules through School and Student Services (SSS) family portal by February 25.

Receive and respond to enrollment offer and tuition assistance package from Woodberry Forest School.

FOR A LIST OF RESOURCES VISIT

woodberry.org/tuitionassistance

Frequently Asked Questions

Important Dates

JANUARY

WHAT TYPES OF ASSISTANCE ARE AVAILABLE? The vast majority of Woodberry’s tuition assistance is in the form of grants. The school also offers a small number of low-interest loans. Loans must be repaid, while grants do not need to be repaid. Woodberry’s tuition assistance program is need-based. We do not offer merit-based scholarships. HOW DOES WOODBERRY DETERMINE A FAMILY’S DEMONSTRATED NEED? Woodberry’s tuition assistance committee follows guidelines set by the School and Student Services for Financial Aid (SSS), in conjunction with the National Association of Independent Schools. SSS uses a formula that takes into account the costs of housing, food, clothing, transportation, insurance, and other nondiscretionary expenses. This allows SSS to calculate how much a family can afford to spend on a child’s education. DO I NEED TO APPLY FOR TUITION ASSISTANCE EACH YEAR? Tuition assistance is awarded on an annual basis; families must submit an application each year so awards may be calculated.

15 31 15 25 3 10 10 JANUARY

WILL MY FAMILY QUALIFY FOR ASSISTANCE? Every family is encouraged to apply for tuition assistance. Eligibility depends on several factors: parents’ age, income, assets, other financial obligations, and number of dependents. Financial reasons should never deter a family from applying to Woodberry.

NEW STUDENTS Deadline for first-round admission applications

Parents’ Financial Statement submitted to School and Student Services at sssbynais.org

FEBRUARY

FEBRUARY

DOES WOODBERRY OFFER A PAYMENT PLAN? Yes, the school offers several payment plan options that allow tuition payments to be made for up to nine months. BEYOND THE COST OF TUITION, WHAT OTHER EXPENSES MIGHT MY FAMILY HAVE TO PAY? Woodberry’s tuition is comprehensive and covers the full cost of attendance. Woodberry does not charge fees for playing sports or other activities. Travel and book expenses are the only additional cost beyond tuition and vary based on the classes a young man takes and where he is from. Woodberry does consider travel and book expenses when making tuition assistance grants. HOW DOES WOODBERRY FUND TUITION ASSISTANCE? Woodberry meets 100 percent of demonstrated need because the school’s alumni and friends believe so strongly in making a Woodberry education available to deserving boys. Sixty percent of tuition assistance is covered by income from prior gifts to the school’s endowment, and the remainder is provided through annual gifts to the Amici Fund.

Re-enrollment contracts released*

IRS Form 1040 due to School and Student Services at sssbynais.org

MARCH

MARCH

APRIL

RETURNING STUDENTS

Deadline to submit re-enrollment contract and tuition deposit Notification of admission decisions Tuition assistance awards sent to families who met the Jan. 31 and Feb. 25 deadlines Deadline to submit enrollment contract and tuition deposit

*Re-enrollment contracts sent to tuition assistance applicants as soon as their tuition assistance application is complete. All required materials must be completed by February 25.


How to Apply

1 2 3 4

Request application materials from Woodberry’s tuition assistance office.

Submit a Parents’ Financial Statement online at sssbynais.org by January 31.

Submit IRS Form 1040 and all supporting schedules through School and Student Services (SSS) family portal by February 25.

Receive and respond to enrollment offer and tuition assistance package from Woodberry Forest School.

FOR A LIST OF RESOURCES VISIT

woodberry.org/tuitionassistance

Frequently Asked Questions

Important Dates

JANUARY

WHAT TYPES OF ASSISTANCE ARE AVAILABLE? The vast majority of Woodberry’s tuition assistance is in the form of grants. The school also offers a small number of low-interest loans. Loans must be repaid, while grants do not need to be repaid. Woodberry’s tuition assistance program is need-based. We do not offer merit-based scholarships. HOW DOES WOODBERRY DETERMINE A FAMILY’S DEMONSTRATED NEED? Woodberry’s tuition assistance committee follows guidelines set by the School and Student Services for Financial Aid (SSS), in conjunction with the National Association of Independent Schools. SSS uses a formula that takes into account the costs of housing, food, clothing, transportation, insurance, and other nondiscretionary expenses. This allows SSS to calculate how much a family can afford to spend on a child’s education. DO I NEED TO APPLY FOR TUITION ASSISTANCE EACH YEAR? Tuition assistance is awarded on an annual basis; families must submit an application each year so awards may be calculated.

15 31 15 25 3 10 10 JANUARY

WILL MY FAMILY QUALIFY FOR ASSISTANCE? Every family is encouraged to apply for tuition assistance. Eligibility depends on several factors: parents’ age, income, assets, other financial obligations, and number of dependents. Financial reasons should never deter a family from applying to Woodberry.

NEW STUDENTS Deadline for first-round admission applications

Parents’ Financial Statement submitted to School and Student Services at sssbynais.org

FEBRUARY

FEBRUARY

DOES WOODBERRY OFFER A PAYMENT PLAN? Yes, the school offers several payment plan options that allow tuition payments to be made for up to nine months. BEYOND THE COST OF TUITION, WHAT OTHER EXPENSES MIGHT MY FAMILY HAVE TO PAY? Woodberry’s tuition is comprehensive and covers the full cost of attendance. Woodberry does not charge fees for playing sports or other activities. Travel and book expenses are the only additional cost beyond tuition and vary based on the classes a young man takes and where he is from. Woodberry does consider travel and book expenses when making tuition assistance grants. HOW DOES WOODBERRY FUND TUITION ASSISTANCE? Woodberry meets 100 percent of demonstrated need because the school’s alumni and friends believe so strongly in making a Woodberry education available to deserving boys. Sixty percent of tuition assistance is covered by income from prior gifts to the school’s endowment, and the remainder is provided through annual gifts to the Amici Fund.

Re-enrollment contracts released*

IRS Form 1040 due to School and Student Services at sssbynais.org

MARCH

MARCH

APRIL

RETURNING STUDENTS

Deadline to submit re-enrollment contract and tuition deposit Notification of admission decisions Tuition assistance awards sent to families who met the Jan. 31 and Feb. 25 deadlines Deadline to submit enrollment contract and tuition deposit

*Re-enrollment contracts sent to tuition assistance applicants as soon as their tuition assistance application is complete. All required materials must be completed by February 25.


Tuition Assistance AT A GLANCE FAMILIES RECEIVING TUITION ASSISTANCE 25%

20%

23%

15%

19%

16%

44%

10%

5% 0%

<$50k

$50-100k

$100-150k

$150-200k

$1,000

AVERAGE GRANT: $33,676

$200-250k

Woodberry

>$250k

adjusted gross income

RANGE OF GRANTS OFFERED

2017–2018 TUITION: $55,600

17%

15%

10%

$55,600

$5.79 million dollars awarded for 2017–18

WOODBERRY SUPPORTS EVERY STUDENT Decades of support for Woodberry’s endowment and annual giving program offset the true cost of a Woodberry education by $23,000 for each boy.

TUITION ASSISTANCE

For further information, contact the Office of Tuition Assistance tuition.assistance@woodberry.org 888-798-9371 30 Woodberry Station Woodberry Forest, VA 22989 WOODBERRY.ORG/TUITIONASSISTANCE

$55,600 $79,100 2017–18 tuition cost

total cost per student

Woodberry Forest admits students of any race, color, sexual orientation, disability, religious belief, and national or ethnic origin to all of the rights, privileges, programs, and activities generally accorded or made available to students at the school. It does not discriminate on the basis of race, color, sexual orientation, disability, religious belief, or national or ethnic origin in the administration of its educational policies, admissions policies, scholarship and loan programs, and athletic or other school-administered programs. The school is authorized under federal law to enroll nonimmigrant students.

Affording Woodberry

The Woodberry community is committed to enrolling young men based on their promise and potential, regardless of their ability to pay tuition. The school believes bringing together students of varied backgrounds and points of view is essential to providing boys with what they need for their futures. Central to the school’s mission of instilling the habits of heart and mind that allow young men to lead meaningful lives is a commitment to eliminating economic barriers to enrollment through a comprehensive tuition assistance program. Woodberry addresses affordability by meeting 100 percent of admitted students’ demonstrated financial need.


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